Row 6335

Row ID: 6335 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 6335 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

With the current market its possible to suggest that Solana has a lot of potential to dominate this bull run

Co-founder Raj Gokal has said before that Solana’s vision is to be like the “Apple of crypto.” Solana's network performance is of paramount importance, but there can sometimes be very slow moments with network congestion. However generally the cheap fees and processing speed has attracted developers keen to explore Solana’s potential.

The numbers show that decentralized exchange volume on Solana has been significantly greater than DEX volume on Ethereum. $SOL itself is at $142 at time of writing. This has led to a crazy market for meme coins on Solana and now even more so with the recent release of BASE.

The $BONK meme coin now at $505M market cap has a great team of devs with them consistently providing airdrops to their holders which builds a lot of trust. There are plenty of other tokens with ridiculously high market caps despite the retrace recently for example $Slerf, $Peng and $Myro. They have all participated in airdropping tokens to holders whilst building a solid community that aims to defy expectations. Due to the current retrace in the market my portfolio seems to be taking a hit so I have decided to ape into a few ICO nanocaps to see if I can find some decent ones as a hedge in this market. Problem is that a solid 8 or 9/10 are rugs, it can be difficult to find gems at that early stage but you do only need one to do well. My most recent 4 trades I got rugged on $MAGAPUMP, took some profits on $Bidenwifhat, I'm up 20x on $Putinwifhat, currently also in $ceezur which I think has a lot of potential as they're focused on organic growth and its targeted on the politics meta but it could be the first mover on ancient politicians. Not 100% sure yet how high this can go despite apeing in a fair bit, the team say they're going to do airdrops to holders in near future as they have just launched.

How's everyone else found the market over the last few weeks since the run up to the halving? Anyone else diversifying into the solana ecosystem and nanocaps?

FieldValue
text With the current market its possible to suggest that Solana has a lot of potential to dominate this bull run Co-founder Raj Gokal has said before that Solana’s vision is to be like the “Apple of crypto.” Solana's network performance is of paramount importance, but there can sometimes be very slow moments with network congestion. However generally the cheap fees and processing speed has attracted developers keen to explore Solana’s potential. The numbers show that decentralized exchange volume …
label r/solana
dataType post
communityName r/solana
datetime 2024-05-09
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url_encoded Z0FBQUFBQm5Lak9HSHV4Tm5RNGRfRS12TDROc3l3QmcyTVM0YVBPbE5melpGT2pMZFZUNWx4alhla3NzOVk4eHJhZlhHMHFMZXctME1zY0VmR3I4dTlYTHlrVVRKRWU2S3ZCZUlTRVljSUV6aUNPdUhrRDRnd2RhNHBzcFpjdmNRUk5XZXhjbVhzMEtUdGFhZG5HTkRDOTRPNWp3b2ZlLXlMUWhvXzQ0XzVOanZZRUFpRVRyUXJMeXhSRkJzQlhPZmliZElhYUpCbXBP

Raw Record

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  "text": "With the current market its possible to suggest that Solana has a lot of potential to dominate this bull run\n\nCo-founder Raj Gokal has said before that Solana’s vision is to be like the “Apple of crypto.” Solana's network performance is of paramount importance, but there can sometimes be very slow moments with network congestion. However generally the cheap fees and processing speed has attracted developers keen to explore Solana’s potential.\n\nThe numbers show that decentralized exchange volume on Solana has been significantly greater than DEX volume on Ethereum. $SOL itself is at $142 at time of writing. This has led to a crazy market for meme coins on Solana and now even more so with the recent release of BASE.\n\nThe $BONK meme coin now at $505M market cap has a great team of devs with them consistently providing airdrops to their holders which builds a lot of trust. There are plenty of other tokens with ridiculously high market caps despite the retrace recently for example $Slerf, $Peng and $Myro. They have all participated in airdropping tokens to holders whilst building a solid community that aims to defy expectations. Due to the current retrace in the market my portfolio seems to be taking a hit so I have decided to ape into a few ICO nanocaps to see if I can find some decent ones as a hedge in this market. Problem is that a solid 8 or 9/10 are rugs, it can be difficult to find gems at that early stage but you do only need one to do well. My most recent 4 trades I got rugged on $MAGAPUMP, took some profits on $Bidenwifhat, I'm up 20x on $Putinwifhat, currently also in $ceezur which I think has a lot of potential as they're focused on organic growth and its targeted on the politics meta but it could be the first mover on ancient politicians. Not 100% sure yet how high this can go despite apeing in a fair bit, the team say they're going to do airdrops to holders in near future as they have just launched.\n\nHow's everyone else found the market over the last few weeks since the run up to the halving? Anyone else diversifying into the solana ecosystem and nanocaps?",
  "label": "r/solana",
  "dataType": "post",
  "communityName": "r/solana",
  "datetime": "2024-05-09",
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